Renting is an aspiration, says minister

A government has claimed "well-off" people living in London and the south-east should be aspiring to living in a rented home rather than buying their own.

Jonathan Shaw, the minister for the south-east, said that people should not be put off from renting property despite perceptions that it was mainly for people on low incomes.

Mr Shaw was giving evidence to a Commons committee for the region when he said renting should be seen as a similar aspiration to home ownership and renting is "perfectly desirable and meets needs and aspirations".

"It should be seen more as something that people across the socioeconomic spectrum do - not, as it is perhaps sometimes characterised, as just for people who are less well off," he said.

His comments have been supported by a number of property experts who claim high houses prices leave fewer options, according to This Is London.

The Conservatives have criticised Mr Shaw for what they claim is "downgrading aspiration".

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